OREANDA-NEWS. January 24, 2012. Concorde Capital released daily Ukrainian market view:
Ukrainian equities rose on Monday (WIG-Ukraine +1,5%, UX +0.7%) along with the rest of Europe as Greece continued negotiations with bondholders on a debt plan. In London, Landkom (LKI LN) shares advanced 9.5% on news the company accepted a friendly takeover bid from Alpcot Agro. Avangard (AVGR LI) added 4.6% on a significant daily volume of USD 13.8 mln. Ukrainian oil & gas producers all fell: Cadogan Petroleum (CAD LN) -4.6%, Regal Petroleum (RPT LN) -3.2% and JKX Oil & Gas (JKX LN) -2.7%. In Warsaw, the index was led higher by gains in Astarta (AST PW) +7.2%. On the local UX, all but three blue chips were higher on the day. In other news, Ukraine’s new finance minister, Valeriy Khoroshkovsky, is due in Washington DC today to continue talks with International Monetary Fund officials on restarting Ukraine’s USD 15.5 bln standby loan program.
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